Dr Charles Ellinas

With demand up and supplies lower, oil prices are expected to rise If 2022 was a difficult year for energy, 2023 is expected to be even harder as the Russia-Ukraine war continues ...

The energy market was turned on its head; 2023 could bring further turmoil By Charles Ellinas What a year it was. 2022 was seismic in terms of global energy. Everything was turned ...

Western governments have agreed to cap Russia’s oil export price at $60 a barrel in a bid to curb profits that support its budget, military and invasion of Ukraine. This ...

The scramble for quick solutions to secure affordable and reliable energy could imperil climate action There is no question that the energy crisis has forced governments to reconsider their priorities, ...

By Charles Ellinas When it comes to the main objective of COP summits, to stabilize greenhouse gas concentrations ‘at a level that would prevent dangerous anthropogenic (human-induced) interference with the ...

Without readiness by European utilities to commit to long-term gas deals, it is difficult for big oil companies to invest in long-term projects. Last week at the COP27 Conference in ...

As the European Commission is finding out, interfering with markets creates unintended consequences and eventually backfires The oil and gas companies cannot get it right, can they? They have been ...

During the last ten days the island was privileged to host two senior officials key to the energy future of Cyprus: European energy commissioner Kadri Simson, and Director, frontier exploration, ...

The Turkey-Libya MoU increasing tensions with Greece After a quiet year in 2021, perhaps as a result of Covid-19, we are back to the perennial problem of exclusive economic zones (EEZ) ...

By Charles Ellinas A report on the ‘Digital Quality of Life Index 2022’ ranks Cyprus 37th in the world by overall digital wellbeing, down two places since last year’s edition, ...

The roadmap to resolve the dispute with Israel is welcome but Europe is still phasing out gas The news this week that the energy ministers of Cyprus and Israel agreed ...

It is time for Cyprus to move from words to action As we approach winter the global energy crisis is getting worse and worse. It has shifted from a situation ...

The EU has finally woken-up to the seriousness of the problem High energy prices are here to stay for many years to come. Last week, Shell’s CEO, Ben van ...

It’s significant, but serious challenges remain With the world gripped by an ever-deteriorating energy crisis, with gas supplies and prices playing a central role, the discovery of a new ...

Solving the Cyprus problem and solving the energy crisis go hand in hand With the European energy crisis intensifying and the likelihood of complete Russian gas cut-off increasing – Russian gas ...

Very few politicians seem to grasp the magnitude of the coming crisis, its impact and its costs Europe’s energy security is on a knife edge. The concern that there ...

‘This winter in Europe will be very, very difficult’ These will probably be the most important elections Cyprus has had for a long time. And it is not just the ...

The island could have played a major role in this had its own LNG project at Vasilikos been allowed to proceed The Memorandum of Understanding between the EU, Egypt and ...

By Charles Ellinas The news is that the President requested a meeting with the ministers of energy and finance, the Cyprus Energy Regulation Authority (CERA) and the Electricity Authority of ...

Botched-up policies in the implementation of renewables are not helping Cyprus electricity prices have been escalating since last year and there does not appear to be an end in sight. ...

The oil ban may not bring the pain to Russia that Brussels expects. The losers are the consumers The EU finally agreed on Thursday to impose a ban on seaborne ...

The EU’s €210bn plan is far-reaching but Cyprus is woefully behind In addition to its plan to stop using Russian oil, the EU has gone further, trying to grasp ...

Cyprus missed the opportunities it had in 2013 to develop its own gas and is now paying the price As Europe imposes more and more sanctions to reduce and eventually stop ...

The urgent push to end dependency on Russian energy is creating new opportunities for the East Med and reviving projects previously considered unviable By Charles Ellinas A proposal by Energean ...